ETH, SOL, ADA drop 5% as Trump trade threats and bond selloff spark crypto risk-off

Ethereum (ETH), Solana (SOL), and Cardano (ADA) experienced a 5% decline as market sentiment turned risk-averse due to escalating trade threats from former President Donald Trump and a selloff in the bond market. Investors reacted to Trump's comments regarding potential tariffs on China, which heightened concerns about economic stability. The bond market's volatility further contributed to the shift in risk appetite, prompting traders to pull back from cryptocurrencies. This downturn reflects broader market anxieties, impacting major altcoins alongside Bitcoin's performance.

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